Ways to Give - Cash Gifts
When making a gift with a check, please do
the following:
-
Make the check payable to "University of
Maine".
-
Indicate the fund name or area of support on
the memo line of the check or include a letter of instruction
stating the fund you wish to support or how you wish the gift to
be used.
-
Send the check to the Office of University
Development, 101 College Avenue, Orono, ME 04469.
Checks and credit card payments are an easy
way to give. Tax benefits are available for such gifts when you
itemize deductions on your income tax return. Cash donations allow
you to eliminate tax on up to 50% of your adjusted gross income
each year. Any amounts not deductible in the year of the gift can
be carried over and bring you savings in as many as five future
years. Be sure to keep acknowledgements and other records of your
gifts to assure that you can use your deductions. This is
especially important for gifts of $250 or more.
Cash may be wired directly from your brokerage
account to the Office of University Development. Please call the
Development office (1-800-671-7085) for transfer
instructions.
Gifts can be made through your Visa,
Mastercard or American Express card by calling the Development
office (1-800-671-7085) or (581-1151) with your card
information or on our
Secure Online Giving Form.
Donors are advised to discuss the potential
benefits and consequences of making charitable gifts with an
attorney, financial, or tax advisor.
Back to Ways to Give